Oakland News Now Blog – vlog by Zennie62 YouTube. OaklandNewsNowBlog.com is the original blog post for this content.
Beware Venture Capital Firms That Disrespect Black Founders By Not Doing Their Homework
Just took a ZOOM call with a young man who represents a venture capital firm not in America. I made the assumption that he did his homework on Zennie62Media, Inc., and saw what we were doing, and wanted to present us to his bosses.
He said he got his information from Crunchbase. And then he asked about our revenue. I told him, and we’re not clearing $1 million a year. At that point, he wanted to stop the conversation. I did not take that well at all. It was a waste of my valuable time. And why would I want my firm partnered with anyone who was only interested in our revenue and not in what we do?
But what was even worse, this man who represents this company north of the boarder did not even understand the meaning of working with a black founder of a startup. “Race doesn’t matter”, he said. I wondered what planet he was on.
On a day when the nation is focused on the first black female supreme court justice and her confirmation hearing, this young man north of the boarder, is telling me that race doesn’t matter.
Tell Emmitt Till race doesn’t matter. Tell Barack Obama race doesn’t matter. Tell the nine black parishioners that were killed by Dylann Storm Roof that race doesn’t matter.
Well, he and his bosses are about to learn how wrong they are. There are a handful of people that are in the media business, or any business, in America, who are black. In a post-George Floyd World, for someone to contact a black founder with that attitude is beyond insulting.
Stay tuned.
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Note from Oakland News Now Blog, Zennie62 YouTube, and Zennie62Media: this Oakland News Now Blog video-blog post demonstrates the full and live operation of the latest updated version of an experimental Zennie62Media , Inc. mobile media video-blogging system network that was launched June 2018. This is a major part of Zennie62Media , Inc.’s new and innovative approach to the production of news media. This is what we call “The Third Wave of Media”. The uploaded video is from a vlogger with the Zennie62 on YouTube Partner Channel, then uploaded to and formatted automatically at the Oakland News Now Blog site and Zennie62Media -created and owned social media pages. The overall objective is smartphone-enabled, real-time, on the scene reporting of news, interviews, observations, and happenings anywhere in the World and within seconds and not hours. Now, news is reported with a smartphone: no heavy and expensive cameras or even a laptop are necessary, thus less chance for Oakland News Now Blog, Zennie62 YouTube vloggers to be robbed. The secondary objective is faster, and very inexpensive media content news production and distribution. We have found there is a disconnect between post length and time to product and revenue generated. With this, the problem is far less, though by no means solved. Zennie62Media is constantly working to improve the system network coding and seeks interested content and media technology partners.